The argument that an organization's risk strategy is a unified whole and an integral component of the organization's Total Strategy was subjected to empirical examination. Ninety-two of the 450 top executives of the largest industrial companies in Israel, representing various business sectors,...

The hypothesis that managers believe risk to be a major component of strategy formulation, with a corresponding effect on the strategic decision‐making process, was subjected to empirical examination. A total of 93 top executives of Israel's largest industrial companies, representing various...